South Africa: Imperial sells its shares
Dubai-based ports and shipping operator DP World is planning to take over the Imperial Group in South Africa. According to press releases, the parties entered into a transaction implementation agreement including a cash offer of ZAR 66 (USD 4.60) per share. Counting all... more
Nile Dutch deal closed
The road ahead is clear. In March, Hamburg-based carrier Hapag-Lloyd announced the acquisition of Dutch container shipping company Nile Dutch Investments(Nile Dutch). After all responsible antitrust and regulatory authorities had approved the transaction, Hapag-Lloyd formally... more
Ramping up South Pacific cargo capacity
Following recent cargo conversion in Miami, Nauru Airlines now has three dedicated freighter aircraft in its fleet. B737-300SF, serial 25607, arrived at Commercial Jet on 24 January 2021. It took approximately 140 days to transform the passenger aircraft to a freighter... more
Emiratis hand over leadership
The Etihad aviation group sold its 40% holding in Air Seychelles to the government in April. Since it is no longer a shareholder in the now state-owned airline, the mandates of the CEO and the CFO employed by Etihad Airways ended on 30 June 2021. Thus, Sandy Benoiton (photo)... more
Large truck order in Russia
Daimler Kamaz Rus, a joint Venture between Daimler Trucks and its Russian partner Kamaz, has received a large order from Partner Group. The Russian construction company already owns 71 Mercedes-Benz trucks and now adds 100 brand new Mercedes-Benz Arocs 4142B to update its fleet... more
Equipment for Mars mission on its way
As the official logistics partner of the Austrian Space Forum (OeWF), Gebrüder Weiss is transporting the mission equipment as well as 16 international science experiments to a test site in Israel. After the date had to be postponed last year due to the anti-pandemic measures,... more
Treseder to head UK Chamber of Shipping
The UK Chamber of Shipping has confirmed Sarah Treseder as its next chief executive, replacing Bob Sanguinetti, who has been appointed chief executive of the Aberdeen Harbour Board after having chaired the British shipping industry's trade organisation for three years.... more
Geneva and Vienna calling
This July, Air Canada Cargo will add several new destinations to its timetable, returning not only to Lisbon and Rome, but also to Vienna and Geneva. Starting 21 July, three flights per week will be operated between Toronto and the Austrian capital. The following day will see... more
Four eTraxx for European cross-border operations
PCC Intermodal has ordered four electric locomotives from Alstom. The locomotives will help the company to develop new transport projects and will also be used for the intermodal services in the Baltic-Adriatic corridor. The contract covers the production of the locomotives,... more
A.Hartrodt takes the southern route
As an option to avoid delays and capacity bottlenecks in the major European Northern range seaports, freight forwarder A. Hartrodt italiana is now offering a "multi destination consolidation" service between Shanghai and Genoa, targeting importers in southern Germany,... more